Amazon’s latest initiative includes investments in wind energy projects across Karnataka, Maharashtra, and Tamil Nadu, adding over 379 MW of clean energy to India’s grid. This aligns with India’s ambitious goal to generate 50% of its electricity from non-fossil fuel sources by 2030.

Minister Vaishnaw stated, “Under the leadership of PM Narendra Modi ji, India is rapidly emerging as a global leader in the clean energy transition.” He also noted that renewable energy is key to powering the next wave of digital and transportation infrastructure, as well as advancing the nation’s sustainability efforts.

The projects include CleanMax Koppal (100 MW) in Karnataka, BluPine Solapur (99 MW) in Maharashtra, and JSW Energy Dharapuram (180 MW) in Tamil Nadu. These investments will significantly contribute to the nation’s renewable energy targets while supporting local economic growth.

Shripad Yesso Naik, the Minister of State for Power and New and Renewable Energy, welcomed Amazon’s continued efforts in renewable energy, stressing that such investments are crucial for ensuring energy security and reducing environmental impact. Naik also urged other global corporations to follow Amazon’s lead in supporting India’s green energy future.

Amazon’s global renewable energy commitment continues to make an impact, with the company having invested in more than 600 solar and wind projects worldwide, including over 50 in India. The firm has now enabled a total of 53 solar and wind initiatives in India, contributing over 4 million MWh of carbon-free energy—enough to power 1.3 million Indian homes.

Amazon reached its goal of 100% renewable energy operations seven years ahead of schedule in 2023. The company’s renewable energy projects not only help offset its operational energy consumption but also provide sustainable energy to local communities, creating jobs and supporting economic growth in the regions where they are implemented.

The post Amazon’s Wind Energy Projects to Boost India’s Clean Energy appeared first on FolksTimes.

According to the filing, Adani Renewable Energy Holding Nine Limited, another wholly owned subsidiary of AGEL, has spearheaded the creation of AGE68L. Registered in India with the Registrar of Companies, Gujarat, Ahmedabad, the subsidiary will focus on renewable energy generation and operations.

The company shared that AGE68L aims to generate, develop, distribute, transmit, and supply various forms of power using renewable energy sources such as solar and wind. It is a step toward enhancing India’s clean energy goals and meeting the rising demand for sustainable energy solutions.

AGE68L has been set up with an authorised and paid-up capital of ₹1,00,000. As of now, the subsidiary is yet to commence its business operations.

Pioneering Renewable Energy Projects

AGEL has been at the forefront of driving the clean energy transition in India. The company is currently developing a colossal 30 GW renewable energy project at Khavda in Gujarat, covering a vast area of 538 sq. km. This initiative is anticipated to set a global benchmark for large-scale renewable energy projects.

In record time, AGEL operationalised the first 2 GW of solar capacity within 12 months of breaking ground in the financial year 2023-24. In addition, the company achieved significant milestones by operationalising 250 MW of wind capacity over the past six months, showcasing its ability to deliver even under challenging conditions like the monsoon season.

Expanding Renewable Energy Footprint

AGEL now boasts an operational renewable energy portfolio of 11.2 GW, the largest in India, spanning across 12 states. The company is steadfast in its commitment to India’s decarbonisation goals and has set an ambitious target of achieving a 50 GW capacity by 2030.

With the incorporation of AGE68L, Adani Green Energy Limited reaffirms its mission to lead the renewable energy sector and contribute to India’s sustainable energy future.

The post Adani Green Launches New Subsidiary to Strengthen Renewable Energy Portfolio appeared first on FolksTimes.